Richland County Tax Sale Bidder Application

REMINDERS

• Purchaser bids at own risk
  
  
• The Treasurer on behalf of the Forfeited Land Commission establishes opening bid.
  
  
• All bids are final. Failure to comply will result in a loss of your bid(s) and a fine of $500 per bid plus court costs, and you will be banned from other tax sales in the future.
  
  
• Terms of sale - cash, bank cashier's check or wired funds only are due the day of the sale.
  
  
• Defaulting taxpayer has one year to redeem property. If you are the successful bidder, the property is not yours until the tax deed is issued approximately fifteen months from the date of the tax sale.
  
  
• If property is redeemed bidder will earn interest on the bid. Interest will increase every three months – 3%, 6%, 9%, 12% unless the interest capped at the opening bid amount. Interest earned will be at redemption date.
  
  
• Tax Sales can be voided/canceled at any time prior to the issuance of a tax deed.
  
  
• We will issue checks and deeds in the name that is listed on the bidder application form. We will not accept request for name changes once the application is submitted.
  
  
• Voids will be paid actual interest earned by the County.
  
  
• IMPORTANT: THE INTEREST WILL NOT EXCEED THE OPENING BID AMOUNT.
  
  

• The above rules also apply to “mobile homes/manufactured homes” and in addition to the interest earned the bidder will receive rent for each month until the property is redeemed in the amount of one-twelfth of the taxes for tax year the property was sold but not less than $10.00 per month. Rent will be collected by the county at redemption.

The Tax Sale Bidder Application will be available starting 10/4/2021 to 11/4/2021. No onsite applications will be accepted.